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Absentee
Bid Information
Should you wish to submit an absentee bid, please contact us by email,
fax, or phone and ask for an absentee bid sheet. If you wish, and if
your browser and printer support it, you may print out the absentee bid
form below and mail it or fax it back with your bids.
Absentee Bid Form
(PDF)
Make
sure that you review the Terms
& Conditions of the Sale
-- Click the link to make sure that you understand the details of the
bidding contract.
Please
review this document before placing an absentee bid - it should answer
any questions that you may have regarding the absentee bid process.
Thank you.
ABSENTEE
BID CONDITIONS
PLEASE
READ IF YOU ARE SUBMITTING ABSENTEE BIDS.
1.
Important
Note: Absentee bids are a service provided to our customers free of
charge. Every effort is made to execute all absentee bids. However, you
must know, that because of the hundreds and sometimes thousands of bids
that must be processed just prior to an auction, it is inevitable that
a few mistakes will occur. Your best protection is to be there in
person, but if you cannot, you must understand that this is not a
perfect system and it is not at any auction house. To better serve our
absentee bidders, we have what's referred to as a "plus 1 bid" and on
phone bids a "cover-me bid". You should definitely read about both of
these and consider using them to help insure your participation. We
will do everything in our power to execute your bids properly, however,
in the event of an error of omission, or failure to properly execute
absentee bids, the Auctioneer shall not be held liable.
2.
All
absentee bids must be accompanied by a 20% deposit, which will be
refunded immediately after auction if your bid is unsuccessful. If your
bid is successful, your 20% deposit will be applied to the purchase
price and the balance due upon presentation of our bill. If time does
not permit the physical 20% deposit, you may confirm your bid by your
Visa or MasterCard. Should you provide a credit card number, the only
way that we would use your credit card number is if you default on
payment, then we would bill your account for the amount due.
3.
To
execute an absentee bid, fill out the enclosed form, listing catalogue
number, description and your top bid price (not including the buyers
premium). Send this together with your deposit as soon as possible. If
your bids are sent seven days or less prior to the auction, you should
call our offices three days prior to the auction, to confirm that we
have received your bids. If they have not been received at that point
in time, you should submit your bids over the telephone.
4.
Bids are
handled in a competitive manner by our bookkeeper who bids on your
behalf in an attempt to buy the object for less than your top bid. If
your bid is the only bid on a lot she will not start bidding, she will
wait until the audience opens the bid and then compete with them until
she has either won the lot or it has gone beyond her limit. It is
therefore possible sometimes for you to buy a lot well under your top
bid. If two or more bids are received on the same item from different
people, the bidding will open at the next logical raise above the
second highest bid. If two absentee bids are received with the exact
same amount, the first one received will take precedence.
5.
All bids must be in even dollar amounts. Bids in fractions of dollars
or odd amounts will be considered the next lower even dollar amount.
The minimum bid increment is usually 10% of the last bid. Therefore, if
someone leaves a bid of $100.50 we will automatically round it off to
$100. If you should leave a bid of $103 we will round it off to $100.
6.
Open bids
or bids with no set top amount or orders to just simply buy the lot,
cannot be accepted by us. You must have a definite top limit before we
can execute your bid. Alternatives to this are as follows:
A.
To bid
over the telephone. Lot must be worth $500+ each. This can be done by
simply sending a 20% deposit for what you might anticipate to bid on
the object. This will bind whatever bid you wish to bid over the
telephone. If you decide to bid twice that figure, it is perfectly all
right, as long as we have the deposit in hand. Arrangements to bid by
telephone must be made by 5:00pm of the day prior to the sale date of
the auction and will not be accepted the day of the auction. (NOTE:
There are only a few telephone lines into the auction hall and phone
bids will be handled on a first come, first serve basis.)
B.
Some bidders concerned that their lot might just go for one bid above
their top limit, leave a top bid plus one bid. This works as follows:
The top bid submitted might be $1,000, but not wishing to lose the lot
for simply one more bid, the plus one bid allows the bookkeeper to bid
one more time on your behalf. Generally a bid increment is 10%, so if
you left a $1,000 bid plus 1 it would allow her to go $1,000 plus 100.
If you said $1,000 plus 2 bids that would mean $1,000 plus $200. (NOTE:
One possible problem that occasionally arises with absentee bids is
when someone in the audience bids exactly the amount which you specify
is your limit. In such a case, we would not go one extra bid unless
your bid sheet indicates plus one bid.)
7.
NOTIFICATION
OF SUCCESS: Only successful bidders are contacted. A written bill is
usually sent within three (3) working days after the auction. The bill
will be accompanied by shipping information. Unsuccessful bidders are
not contacted. PHONE INQUIRIES regarding your success cannot be
answered until the second business day after the auction. It takes us a
full day to unpack, reset our offices and printout the computer reports.
8.
SHIPPING:
If you are a successful bidder, a bill will be sent shortly after the
auction. This bill must be paid upon receipt. Purchasers should
indicate their desired method of shipment if such is necessary. We will
be pleased to assist you by shipping items which you purchase. A charge
for this service includes labor, packing materials, shipping and
insurance. All shipping charges must be paid for in advance. Please
Note: Certified check, or wire transfers or any other form of
guaranteed funds will expedite shipping. Shipping can take 14 to 21
days after payment is received (depending upon gallery work load).
9.
The Shipping Department may decline to execute instructions to ship
items, which are too large or too fragile to be shipped by common
carrier. In such cases, the only way we can ship these special items is
by way of a letter from the buyer releasing us from the responsibility
of any damage that might occur in shipping.
10.
Bidding on any article(s) indicates your acceptance of these terms
above. If you need additional information on any of the items, please
contact our office.
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